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where does the debt ceiling fit into this? it just ensures that we pay the bills that we already spent. why are they talking about the two issues as if they're the same? >> why do they do a lot of things. but the question as that vote approaches in february or march whenever it's going to be, there are two questions actually. number one will boehner let a vote happen as he did with the fiscal cliff. he did let that vote happen. rick pearlstein mentioned the rule that boehner broke that rule for the fiscal cliff. will he break that rule again knowing that it will only get a certain number of republican votes. that's a. and b, how many republican votes will it get it being a clean debt-limit raising bill attached to no cuts. we assume that democrats would vote for that. it would mean twenty-something or 30 republicans--would that many republicans--i know obama got 85 on the fiscal cliff deal. but this is going to be a tougher vote for republicans on the debt ceiling. will he get 25 or 30. >> john: alex we have 20 second left. le
where does the debt ceiling fit into this? it just ensures that we pay the bills that we already spent. why are they talking about the two issues as if they're the same? >> why do they do a lot of things. but the question as that vote approaches in february or march whenever it's going to be, there are two questions actually. number one will boehner let a vote happen as he did with the fiscal cliff. he did let that vote happen. rick pearlstein mentioned the rule that boehner broke that...
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Jan 15, 2013
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the debt ceiling. and these automatic spending cuts that take hold at the beginning of march. they want to use these opportunities. they don't think it's so bad to shut down the government or to default on the debt. they are even skeptical of the administration's estimates of when that will happen. so they see themselves really having very little leverage besides doing something which a lot of americans would consider extreme which is defaulting on the debt or shutting down the government. now i think it's virtually impossible that speaker john boehner will raise the debt ceiling without commensurate spending cuts. he's way too far out on a limb on that prospect. so it's going to be one of these huge battles its going to be something where one side has to blink first or the issues have to kind of meld together in a way that speaker boehner or president obama has a fig leaf in order to get this done. >> woodruff: jakewhat about the president's argument today? he said this several times. he said this is not about we're doing the debt ceiling in order to authorize more spending.
the debt ceiling. and these automatic spending cuts that take hold at the beginning of march. they want to use these opportunities. they don't think it's so bad to shut down the government or to default on the debt. they are even skeptical of the administration's estimates of when that will happen. so they see themselves really having very little leverage besides doing something which a lot of americans would consider extreme which is defaulting on the debt or shutting down the government. now...
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Jan 15, 2013
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raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. the issue here is whether or not america pays it's bills. we are not a debt-deep nation. >> cenk: i like it. now normally i say it should have been stronger, but it was pretty strong and he made his point very good. it continues. >> obama: this is not an implicatedcomplicateed subject. you don't go out to dinner, eat all your want, and then leave without paying the check. if you do, you're breaking the law. and congress should think about it the same way that the american people do. >> cenk: i like it, man. i do. that's exactly right analogy. you know, of course, i'd go further, but i would every time, right? i'd say listen, the republicans spent this money. they spent it in tax cuts for billionaires and millionaires, they spent it in the iraq war afghanistan, the great majority of this money was spent by george w. bush. now i'm going to make them pay the bill. i would turn it around on them. that
raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. the issue here is whether or not america pays it's bills. we are not a debt-deep nation. >> cenk: i like it. now normally i say it should have been stronger, but it was pretty strong and he made his point very good. it continues. >> obama: this is not an implicatedcomplicateed subject. you don't go out to dinner, eat all your want, and...
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Jan 19, 2013
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of course the whole issue of sequestration and raising the debt ceiling limit, getting the budget under control, are probably our highest priority at this point in time. we should be meeting four and five days a week in committee doing the job that we were elected to do and the republican leadership has not set a schedule that we can do that. the whole gun control issue has been on the front pages now for decades and the democrats, republicans, none of us have really done anything about it. so i think the president is spot on. he is right where the american people are. people in this country want to see a ban on assault weapons. they want to see a ban on these high capacity magazines. they want to see background checks. they want to see better mental health care services. and that is where we need to go and where the country wants us to go. >> we should be able to chew gum and walk at the same time. i believe the country is crying out for us to take action on making life safer in this country and reducing gun violence. i would like to see us prioritize getting people back to work. i don
of course the whole issue of sequestration and raising the debt ceiling limit, getting the budget under control, are probably our highest priority at this point in time. we should be meeting four and five days a week in committee doing the job that we were elected to do and the republican leadership has not set a schedule that we can do that. the whole gun control issue has been on the front pages now for decades and the democrats, republicans, none of us have really done anything about it. so...
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Jan 14, 2013
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and so you have this fight over the debt ceiling, but it is about bigger issues. the debt ceiling has nothing to do with immigration reform, nothing to do with the proposals on gun control, nothing to do with anything else the president might want to do in his second term, but guess what, it does affect the climate in washington. and the fact that he does not have a more trusting, even a private back channel relationship with the key republican leaders is one of the -- one of the reasons and they had responsibility too, i'm not putting it all on the president it a washington crisis if you will, a trust deficit. it is one of the reasons -- >> mitch mcconnell talking. >> so you have to have the vice president go to the senate republican leader, two guys -- they're not best of friends. trust me. i know them both. they're not best of friends. they do trust each other. mitch mcconnell knows if joe biden gives him his word, it is good. we need more of that in washington, not less. >> let me ask you, since i have you, something else the president mentioned, asked, of cou
and so you have this fight over the debt ceiling, but it is about bigger issues. the debt ceiling has nothing to do with immigration reform, nothing to do with the proposals on gun control, nothing to do with anything else the president might want to do in his second term, but guess what, it does affect the climate in washington. and the fact that he does not have a more trusting, even a private back channel relationship with the key republican leaders is one of the -- one of the reasons and...
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Jan 15, 2013
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in the debt ceiling to be tied to spending cuts. >>> the issue here is whether or not america pays its bills. we are not a deadbeat nation. and so -- there is a very simple solution to this. >> now, in a statement, john boehner indicated the republican party is prepared for a fight. he said "the consequences of failing to increase the debt ceiling are rule but so are the consequences of allowing our spending problem to go unresolved." >>> state lawmakers in sacramento are closely watching this debate in washington. the concern is that if congress doesn't act on the debt ceiling, the national economy could dip and that would likely have a negative effect on california's budget numbers. push >> the biggest risk to our forecast or the analysts' forecasts could come next month and that's from washington, d.c. >> the 2013 budget release by governor brown showed a surplus for the first time in many years and that was thanks to new tax revenue from proposition 30 as well as spending cuts. >>> oakland police investigating a shooting that seriously injured one man. it happened about 8:00 last n
in the debt ceiling to be tied to spending cuts. >>> the issue here is whether or not america pays its bills. we are not a deadbeat nation. and so -- there is a very simple solution to this. >> now, in a statement, john boehner indicated the republican party is prepared for a fight. he said "the consequences of failing to increase the debt ceiling are rule but so are the consequences of allowing our spending problem to go unresolved." >>> state lawmakers in...
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Jan 17, 2013
01/13
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resolutions, the debt ceiling debate. he's in full campaign mode. do you think the president emboldened by reelection and maybe emboldened by a win on the fiscal cliff, do you think he's overreaching on the political consequences and how should republicans deal with it? >> look, i think he clearly felt after the election that he was out to crush the one institution that was stopping his agenda, that it stopped it in the second, in the third and the fourth years of his administration, first administration, namely the republican house. he set up the fiscal cliff negotiations deliberately to split the republicans in the house, knowing that if he did, it would neuter the opposition and he would have the kind of dominance of washington, which he had in the first two years before he lost the house in the mid term elections. so, i have no doubt that that's how he used the fiscal cliff. that's how he's going to use the issue of immigration and that's how he's going to approach the debt ceiling and other issues and it's his object
resolutions, the debt ceiling debate. he's in full campaign mode. do you think the president emboldened by reelection and maybe emboldened by a win on the fiscal cliff, do you think he's overreaching on the political consequences and how should republicans deal with it? >> look, i think he clearly felt after the election that he was out to crush the one institution that was stopping his agenda, that it stopped it in the second, in the third and the fourth years of his administration,...
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Jan 14, 2013
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ceiling issue. i know you've said you're not negotiating on it. your administration has ruled out the various ideas that have been out there, the 14th amendment, but just this morning, one of the house democratic leaders, jim clyburn asked you to use the 14th amendment, and even said sometimes that's what it takes. he brought up the emancipation proclamation saying it took executive action when congress wouldn't act and he compared the debt ceiling to that. so are you considering a plan "b"? and if not, why not? >> well, chuck, the issue here is whether or not america pays its bills. we are not a deadbeat nation. and so, there's a very simple solution to this -- congress authorizes us to pay our bills. now, if the house and the senate want to give me the authority so that they don't have to take these tough votes, if they want to put the responsibility on me to raise the debt ceiling, i'll happily take it. mitch mcconnell, the republican leader in the senate, had a proposal like that last year, and
ceiling issue. i know you've said you're not negotiating on it. your administration has ruled out the various ideas that have been out there, the 14th amendment, but just this morning, one of the house democratic leaders, jim clyburn asked you to use the 14th amendment, and even said sometimes that's what it takes. he brought up the emancipation proclamation saying it took executive action when congress wouldn't act and he compared the debt ceiling to that. so are you considering a plan...
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other hot issues, the debt ceiling and immigration we may be hearing about. we want to know what you would ask the president if you're able to ask him a question. you can tweet us at happening now those questions. jon: sounds good. heather touched on it. vice president joe biden presents his plan to curb gun violence to president obama tomorrow. one city is apparently not waiting around for washington act. chicago quickly becoming ground zero in the debate on gun control. that city saw more than 500 murders last year, prompting mayor rahm emanuel to take action with a gun control plan of his own. steve brown is live in chicago right now, but i guess mayor emanuel is not. he is in d.c. today suggesting democratic strategy to try to get gun control accomplished, is that right, steve? >> reporter: in a sense yes, it was part of the discussion at a public revent held in washington that mayor emanuel took part in. local press was made aware of it well in advance. it touches on the city's most dramatic problem which is gun violence in this city. you mentioned over
other hot issues, the debt ceiling and immigration we may be hearing about. we want to know what you would ask the president if you're able to ask him a question. you can tweet us at happening now those questions. jon: sounds good. heather touched on it. vice president joe biden presents his plan to curb gun violence to president obama tomorrow. one city is apparently not waiting around for washington act. chicago quickly becoming ground zero in the debate on gun control. that city saw more...
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Jan 13, 2013
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on the debt ceiling issue it is dramatically different. and on top of that you also have two other issues where these two sides will be going head to head. again, the issue of sequester. and obviously, the continuing resolution, basically the way the government is paid for going forward. so we've got a busy couple months ahead of us. >> we do. hey, peter, we have to take note that we're going to see you in a little more dressed down, little more casual sigde of you at the bottom of the hour for office politics. for anyone who wants to see what goes on behind the scenes with you, tune in. are you nervous? >> i think i have a pretty good sense how this is going to go. i was more nervous when you came here-p but i know you took good care of me. it will be all right. >> it will. it will be interesting for folks who stick around. thanks, peter. >> thanks, alex. >> carol lee and associate politics editor for roll call david drucker. welcome to both of you. >> good morning. >> carol, i'll speak with you first. as the president says, he's not goin
on the debt ceiling issue it is dramatically different. and on top of that you also have two other issues where these two sides will be going head to head. again, the issue of sequester. and obviously, the continuing resolution, basically the way the government is paid for going forward. so we've got a busy couple months ahead of us. >> we do. hey, peter, we have to take note that we're going to see you in a little more dressed down, little more casual sigde of you at the bottom of the...
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. >> the president won't back down on the debt ceiling or on gun safety. >> the pressing issue of gun reform. >> exactly one month after the tragedy at sandy hook. >> if there is a step we can take that will save even one child we should take that step. >> gun violence continues to wreak its deadly toll each day. >> this is a moment to act. >> congress is incapable of passing an assault weapon ban. >> everybody is totally upset by it. >> what makes sense? what works? >> this is a moment to act. >> this is a promise to turn the conversation into actions. >> if there is a step we can take that will save even one child, we should take that step. >> the lecturer in chief returns to the east room of the white house today to explain something to congressional republicans that previous presidents have not had to explain to congress. >> i want to be clear about this. the debt ceiling is not a question of authorizing more spending. raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. these are bills
. >> the president won't back down on the debt ceiling or on gun safety. >> the pressing issue of gun reform. >> exactly one month after the tragedy at sandy hook. >> if there is a step we can take that will save even one child we should take that step. >> gun violence continues to wreak its deadly toll each day. >> this is a moment to act. >> congress is incapable of passing an assault weapon ban. >> everybody is totally upset by it. >>...
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Jan 19, 2013
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but it would not be with the debt ceiling. the republicans seem to have conceded to the obama. they're worried that obama has the stronger hand on that particular issue. >> what do you think the gop strategy is here, shirra? >> i think they realize that their caucus cannot handle another divisive fight. there are too many factions within the caucus. they don't want another public fight about it. so they're kicking the can down the road and hope things will be more in their favor by then. >> i spoke to some folks on the set this morning, one of whom said they think it's going to be kick the can down the road again, even after this three-month reprieve. do you agree with that? >> i think the debt ceiling thing is going to keep coming up over and over again because the republicans don't want to concede the whole issue to the president. at the same time, the president is so much more popular than congress, it is hard to have a one-on-one fight with someone who's so much more popular than you are. >> absolutely. i would not be surprised if we see kick the can down the road legislati
but it would not be with the debt ceiling. the republicans seem to have conceded to the obama. they're worried that obama has the stronger hand on that particular issue. >> what do you think the gop strategy is here, shirra? >> i think they realize that their caucus cannot handle another divisive fight. there are too many factions within the caucus. they don't want another public fight about it. so they're kicking the can down the road and hope things will be more in their favor by...
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Jan 16, 2013
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these are very fundamental issues. same with the debt ceiling. it's a very fundamental sense of how big the government should be. both of those are going to be very hard fought and they're going to be hard fought, as you say, at exactly the same time. >> thanks so much. eamon javers for us outside the white house reacting to those proposals today from the president. >>> when we come back from a short break, we'll consider the financial fallout from the president's announcement today. certainly a lot of publicly traded companies that may be impacted as a result of all of this. >>> we're also going to speak with some market mavens, if you will. talk about the stock market and action there. bill nygren, many of you know him. he'll give you stock picks you'll certainly want to hear. rick reeder, one of the best bond guys on the street is talking stocks today. you'll certainly want to hear what his thoughts are there. then we're going to cover all of the big stock stories of this busy day. whether it's facebook, the blowout earnings from goldman sachs
these are very fundamental issues. same with the debt ceiling. it's a very fundamental sense of how big the government should be. both of those are going to be very hard fought and they're going to be hard fought, as you say, at exactly the same time. >> thanks so much. eamon javers for us outside the white house reacting to those proposals today from the president. >>> when we come back from a short break, we'll consider the financial fallout from the president's announcement...
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Jan 18, 2013
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and willing to increase the debt ceiling. however, i think what is going to be a problem from the white house's perspective is that three months. i was speaking with a senior administration official a little earlier today and he sort of reiterated the fact that the president is opposed to this idea of increasing the debt ceiling in these small increments because it creates crises every couple of months. so that could be a potential problem moving forward, but what is significant i think in the eyes of the white house is house speaker john boehner has sort of abandoned this idea to increase the debt ceiling and tie it to dollar to dollar spending cuts. so from their perspective that represents some movement. i have been talking to my republican sources who say they feel confident that this plan to increase the debt ceiling and then to also sort of force congress' hand on the budget in three months is something that could get through both houses. we'll have to see. i expect that all of this debating will sort of be on pause on
and willing to increase the debt ceiling. however, i think what is going to be a problem from the white house's perspective is that three months. i was speaking with a senior administration official a little earlier today and he sort of reiterated the fact that the president is opposed to this idea of increasing the debt ceiling in these small increments because it creates crises every couple of months. so that could be a potential problem moving forward, but what is significant i think in the...
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Jan 20, 2013
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they have been so poor in their choices on candidates as well as issues. each of them have gone in the wrong direction. so suddenly, they're at war among themselves. >> and we're going to be watching it. >> and it's right. >>> coming up, one more look at this morning's top stories. >> and that includes finding out who is playing in the super bowl today. the big game between the 49ers and the falcons next. president obama takes the oath of office for his second term in ab >>> welcome back. >> president barack obama taking the oath of office for the second term in about half an hour. the formal swearing in happens in the white house blue room this morning. in a public ceremony, big pomp and circumstance set for tomorrow. >>> ask the 49ers will face the atlanta falcons today in the nfc championship game. if the 49ers win, they earn their ticket to new orleans and a chance to win their sixth super bowl. >>> prosurfers are in half moon bay today in the mavericks competition. the national weather service has issued a high surf warning for today which means prime
they have been so poor in their choices on candidates as well as issues. each of them have gone in the wrong direction. so suddenly, they're at war among themselves. >> and we're going to be watching it. >> and it's right. >>> coming up, one more look at this morning's top stories. >> and that includes finding out who is playing in the super bowl today. the big game between the 49ers and the falcons next. president obama takes the oath of office for his second term in...
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he also touched on the debt ceiling and says this does not authorize more spending. it is simply to pay bills and i touched on gun violence and that these grateful for joe biden on this issue. he will be meeting with him later today. he says he wants to make sure we keep our children. he's not worried about politics and he still wants to honor the second amendment but he obviously feels confident they could focus on changes including issues like stronger background checks, high- capacity magazine clips, do what needs to be done. >> yes. >> we're streaming this live on our website on ktvu.com. if you want more information on that and more coverage later. >>> we will bring tal talk and he will talk more -- sal back and we'll talk more about our commute. >> we have a problem on eastbound 580 from i richmond to the berkeley area -- from richmond to the berkeley area. bay bridge toll plaza ising baed up to the middle of the parking lot and then in san francisco, northbound 101 and southbound 101 look pretty good. let's go to steve. >>> another cold, cold morning. sunday w
he also touched on the debt ceiling and says this does not authorize more spending. it is simply to pay bills and i touched on gun violence and that these grateful for joe biden on this issue. he will be meeting with him later today. he says he wants to make sure we keep our children. he's not worried about politics and he still wants to honor the second amendment but he obviously feels confident they could focus on changes including issues like stronger background checks, high- capacity...
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Jan 18, 2013
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the debt ceiling is a dangerous game. i think they recognize that politically. they'll push -- the question is how -- how do they push on the debt ceiling? do they say, look, we'll give you a short-term extension of the debt ceiling for a certain amount of spending cuts, or we'll give you a long-term extension like you want for even more spending cuts. can they force entitlement reform around medicare, for instance, even some of the -- in their view -- more limited things that the president wants to do around means testing and age and indexing to try to attach that to a debt-limit deal. do they move beyond the debt limit, try to get to the continuing resolutions and those kinds of things? they recognize that this is the only area of leverage that they have, but they want to be careful about it. >> so chuck todd, how does the white house deal with that supposed leverage? >> well, first i think the republicans are hoping that they have a manti te'o defense, that somehow it was all a hoax and maybe the election was a hoax and they can go back and redo everything. n
the debt ceiling is a dangerous game. i think they recognize that politically. they'll push -- the question is how -- how do they push on the debt ceiling? do they say, look, we'll give you a short-term extension of the debt ceiling for a certain amount of spending cuts, or we'll give you a long-term extension like you want for even more spending cuts. can they force entitlement reform around medicare, for instance, even some of the -- in their view -- more limited things that the president...
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Jan 21, 2013
01/13
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debt ceiling, entitlement reform, et cetera, et cetera. right and left, republicans and democrats are diametrically opposed with their orthodoxy. democrats more moderate with republicans on certain things. republicans are more send activity that work with democrats. in the wake of the 2012 election as we look forward what is happening with the president's second term there are historical realities. the country is system of two parties and they compete hard. they compete hard for their agendas and it is not going to be an easy year. a second term is difficult one. the first year of four is really the best, some say only opportunity to pass legislation effectively. after the second year of a second term, on comes the midterm, 2014 will be a very, very important time which will determine by who is ted anated aho wi, what the republican and democratic presidential candidates look like in the back of president obama's second term and who his successor will be. something that has not happened in many years, not at all inconceivable. everyone rec
debt ceiling, entitlement reform, et cetera, et cetera. right and left, republicans and democrats are diametrically opposed with their orthodoxy. democrats more moderate with republicans on certain things. republicans are more send activity that work with democrats. in the wake of the 2012 election as we look forward what is happening with the president's second term there are historical realities. the country is system of two parties and they compete hard. they compete hard for their agendas...